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S32 — South32 News Story

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Brief: South32 Announces 61% Increase In Sierra Gorda Ore Reserve Estimate

BRIEF-South32 Announces 61% Increase In Sierra Gorda Ore Reserve Estimate

- South32 Limited S32.AX:

  • 61% INCREASE IN SIERRA GORDA ORE RESERVE ESTIMATE

  • SIERRA GORDA UPDATED ESTIMATES AS AT 31 JULY REFLECT A 61% INCREASE IN ORE RESERVE ESTIMATE TO 1,100 MILLION TONNES

  • EXPECT OREBODY AT SIERRA GORDA WILL BE A SIGNIFICANT SOURCE OF COPPER FOR DECADES TO COME

  • FOURTH GRINDING LINE PROJECT AT SIERRA GORDA EXPECTED TO INCREASE COPPER PRODUCTION BY ABOUT 30% FROM 2031

Further company coverage: S32.AX


((Reuters.Briefs@thomsonreuters.com;))

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